CL POSSIBLE SHORT

Oil has been in consolidation for the last 3 weeks, ranging in the 58-62 interval. Oil has RSIbearish divergence on daily chart , and on weekly, RSI is about to turn down.
Since this is supported by a potential rise in US Dollar , oil will likely fall below support at 58$, breaking the 58-62 channel.
Breaking 50 day exponential moving average at 56$ will make oil look for a target at 50-53$ in the next couple of weeks.